London, Aug. 12, 2022 (GLOBE NEWSWIRE) — Launched in 2016, Saint Lucia’s Citizenship by Investment (CIP) program is one of the most successful in the Caribbean region. As demand for a program like this skyrockets among High Net Worth Individuals (HNWIs), the newly elected government is working to use the funds provided by the program to develop more advanced public infrastructure and raise the level of life of his people. .
Although it is the newest Caribbean program in this sector, Saint Lucia offers an advanced, secure and transparent program. With more foreign direct investment entering the country through its prestigious CIP program, the government is preparing a roadmap to commit to building and improving schools, roads, healthcare and other infrastructure. through the funds generated by the Citizenship by Investment program.
After the COVID-19 pandemic ravaged the world, countries realized the need for advanced and robust healthcare infrastructure. Similarly, Saint Lucia is emphasizing the development of new health care centers and hospitals that will be equipped with modern equipment to help mitigate the threats of any future health disasters. The modernized healthcare structure will eventually uplift the country as a whole and provide quality healthcare at affordable costs. The Department of Health, Welfare and Elderly Affairs recently donated a hematology analyzer and an immunoassay analyzer to St Jude’s Hospital. These devices will strengthen the delivery of diagnostic tests in the coastal town of Vieux Fort. Funds generated by the Citizenship by Investment Program (CIP) have enabled additional advanced developments in the health sector.
Mc Claude Emmanuel, recently appointed Head of the Citizenship by Investment Program Unit, presented the collective plan of the Government of Saint Lucia and the CIP Unit to restructure the program and together build a stronger Saint Lucia. He said the nation will soon witness the construction and rehabilitation of housing, schools and hospitals to modernize the country’s infrastructure.
Emmanuel also said that the administration is working tirelessly to uplift the country and is doing an exemplary job paving the way for the sustainable development of Saint Lucia. With the government’s new vision, the dream of an excellent Saint Lucia is slowly turning into reality.
Emmanuel focuses primarily on strong, strict and controlled due diligence procedures to ensure that only honest and credible investors obtain alternative citizenship of Saint Lucia. Emmanuel explained that each investor’s applications are subject to strict procedures and due diligence checks, with each application being checked by an independent international third-party firm as well as by the CIP unit to verify that the investors or applicants are of the highest caliber. .
The Head of CIP Unit assured that new policies, programs and programs are continually being adopted to make Saint Lucia’s citizenship by investment program the number one in the world.
Saint Lucia Citizenship by Investment Program:
Saint Lucia’s Citizenship by Investment (CIP) Program is the newest Citizenship by Investment program in the Caribbean region. Launched in 2016, the CIP of Saint Lucia aims to establish itself among the best programs in the world. It ranked fourth in the 2021 CBI Index, published by the Financial Times’ PWM magazine. The Saint Lucia program scored a solid ten in three of the nine pillars of excellence. The program is considered credible due to its transparency in providing investors with information on how their funds are being used.
Saint Lucia has been on investors’ radar as the world faces countless uncertainties and business people seek safe, stable and peaceful destinations to expand and explore their business internationally. Investors can apply for alternative citizenship of Saint Lucia through the National Economic Fund Investment, popularly known as Fund Option.
The investment option of the National Economic Fund: The Saint Lucia fund option contributes to the growth and development of infrastructure as well as the socio-economic upliftment of the country. The minimum investment using the investment option starts from 100,000 USD. An investor may also add additional dependents as part of a single application.
The Citizenship by Investment program offers benefits such as:
- Makes an individual a citizen of the world.
- Contributes to portfolio diversification and wealth planning.
- Provides lifetime citizenship, which can be passed on to future generations.
- Assistance in expanding business abroad.
- Gives the investor the opportunity to spend the rest of his life in a peaceful and safe environment.
Saint Lucia is an excellent choice for the investor as it is known as the largest economy in the Caribbean, thus helping an investor to grow their business and diversify their portfolio. An individual can thrive in business because citizenship provides the ability to travel around 75% of the world without hassle. In addition to this, the CIP of Saint Lucia offers a favorable tax regime and also offers a wide range of sectors in which to invest.
Saint Lucia is an island paradise par excellence. Its majestic peaks reach for the heavens with the splendor of its lush rainforests and the mesmerizing blue waters of the Caribbean Sea providing a fascinating reason to visit. It is on the wish list of many travel enthusiasts due to its landscape, people, customs and cuisine which intertwine to provide the perfect setting for a vacation.
The country is renowned for being a place that offers quality of life in a peaceful environment. Saint Lucia has many opulent resorts and hotels, as well as a variety of restaurants and is the perfect choice for people celebrating their honeymoons, anniversaries, weddings and other milestones. Chefs celebrate the country’s Creole heritage by creating stunning dishes inspired by the sea.
The history of Saint Lucia is rich and dynamic. With a mixture of cultures, its people have a deep sense of cultural identity which they celebrate vigorously to this day.
The country is also a place of entertainment and adventure. Tourists have the opportunity to lie on the white sand beaches, zip line through lush rainforests, soak in the volcanic mud baths of La Soufriere, indulge in authentic island cuisine and from club-hopping the Rodney Bay Strip, or mountain biking through the countryside. Consider exploring abandoned sugar cane plantations, snorkeling in crystal clear waters, hunting brightly colored fish in the shade of the Pitons, or hatching a sea turtle alive in the last light. of dusk. Saint Lucia offers an experience that will be remembered for years.